SmarterDividends

PG vs TSN: Which Is the Better Dividend Stock?

As of Oct 27, 2026, PG (The Procter & Gamble Company) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. TSN offers the higher yield at 3.62%, PG has the higher dividend-safety score, and TSN looks like the better value (its fair-value estimate is 33% above its share price).

Key facts: PG vs TSN

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Tyson Foods, Inc. (TSN) has the higher forward dividend yield at 3.62%, versus 2.72% for The Procter & Gamble Company (PG).
  • As of Oct 27, 2026, SmarterDividends grades PG's dividend safety A (92/100) and TSN's A (88/100).
  • By SmarterDividends' count as of Oct 27, 2026, PG has raised its dividend for 42 consecutive years and TSN for 13.
  • As of Oct 27, 2026, PG pays out 65% of its earnings as dividends and TSN pays out 125%.
  • As of Oct 27, 2026, PG's fair-value estimate is 22% below its share price and TSN's fair-value estimate is 33% above its share price, so TSN looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "PG vs TSN: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/pg-vs-tsn

MetricPGTSN
Forward yield2.72%3.62%
Annual dividend$4.35$2.04
Payout ratio65%125%
Years of growth42 yr13 yr
5-yr dividend growth6.0%3.3%
5-yr total return11%-28%
Dividend safety score92 (A)88 (A)
Fair value estimate$124.37$75.28
Upside to fair value-22%+33%
Frequencyquarterlyquarterly
Market cap$370.7B$19.8B
P/E ratio24.134.8

Higher yield

TSN

3.62%

Safer dividend

PG

Grade A

Faster growth

PG

6.0%

Better value

TSN

+33% upside

PG vs TSN — FAQ

Is PG or TSN a better dividend stock?

On the data, PG wins more head-to-head categories (6 vs 2). TSN offers the higher yield (3.62%), while PG has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, PG or TSN?

TSN has the higher forward dividend yield at 3.62%, versus 2.72% for PG.

Is PG or TSN safer?

PG has the higher dividend-safety score (92/100 vs 88/100), reflecting stronger payout coverage and dividend-growth history.

Is PG or TSN better value right now?

As of Oct 27, 2026, TSN looks like the better value: its fair-value estimate is 33% above its share price (undervalued). For PG, its fair-value estimate is 22% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.